Parliament rejects fund for payment of public debt

kenya parliament, national assembly


Business Daily | by John Mutua


A parliamentary committee has rejected the creation of a special fund to ring-fence cash for repayment of maturing debt, dealing a blow to government plans to ease future cash flow pressures.

The National Assembly Committee on Delegated Legislation shot down the Public Finance Management (Sinking Fund) Guidelines of 2021, which would have…

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